The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Company
2012
Share
capital
US$’000
Treasury
shares
US$’000
Foreign
currency
translation
reserve
US$’000
Share-
based
payment
reserve
US$’000
Accumulated
profits
US$’000
Total
equity
US$’000
Balance as at 1 January 2012
39,751
–
3,869
825
5,291
49,736
Profit for the year
–
–
–
–
4,895
4,895
Other comprehensive income
Foreign currency translation
–
–
365
–
–
365
Total comprehensive income for the year
–
–
365
–
4,895
5,260
Issuance of new shares
693
–
–
–
–
693
Exercise of share options
20
–
–
(20)
–
–
Dividends paid to equity shareholders of the Company
(Note 10)
–
–
–
–
(4,504)
(4,504)
Purchase of treasury shares
–
(317)
–
–
–
(317)
Value of employee services received for issue of
share options
–
–
–
331
–
331
Balance as at 31 December 2012
40,464 (317)
4,234
1,136
5,682
51,199
2011
Balance as at 1 January 2011
39,666
–
3,963
535
271
44,435
Profit for the year
–
–
–
–
9,551
9,551
Other comprehensive income
Foreign currency translation
–
–
(94)
–
–
(94)
Total comprehensive (loss)/income for the year
–
–
(94)
–
9,551
9,457
Issuance of new shares
76
–
–
–
–
76
Exercise of share options
9
–
–
(9)
–
–
Dividends paid to equity shareholders of the Company
(Note 10)
–
–
–
–
(4,531)
(4,531)
Value of employee services received for issue of
share options
–
–
–
299
–
299
Balance as at 31 December 2011
39,751
–
3,869
825
5,291
49,736
STATEMENTS OF CHANGES IN EQUITY
(cont’d)
For the year ended 31 December 2012
58